Bitcoin Cash is forming a short-term rising channel with its higher lows and higher highs on the 1-hour time frame. Price bounced off support and is heading up to the 50% Fibonacci extension level.

Stronger bullish momentum could take Bitcoin Cash up to the 61.8% extension that lines up with the mid-channel area of interest at $400. A sustained climb could lead to a test of the 78.6% extension at the swing high around $411 or the full extension near $425 and the channel top.

Bitcoin is trending higher on its 1-hour chart and appears to have found support off the mid-channel area of interest. Price is setting its sights back up and is already testing the 50% extension at the swing high.Sustained bullish pressure past this point could take bitcoin to the next Fib…

Bitcoin continues to inch higher, moving inside a rising channel within another larger ascending channel. Price is testing the support of the shorter-term channel and might be due for a bounce again.The top of the smaller channel lines up with the mid-channel area of interest of the larger one, so…

Bitcoin continues to climb as it forms higher highs and higher lows inside an ascending channel on the 1-hour chart. Price is testing the resistance and might be due for a correction from here.Using the Fibonacci retracement tool on the latest swing low and high shows that the 61.8% level…

Bitcoin is gaining momentum after a strong bounce off the rising channel support visible on the 1-hour chart. Price has climbed past the first two Fibonacci extension levels and could be looking to test the swing high next.This is in line with the 61.8% Fibonacci extension level at $4,125. The…